Back
Tax-free Shares Account
 
Home
For Me
& My Family
For My Business
Corporates + Public Sector
Private
Calculators
Rates + Pricing
About FNB + Legal
Contact Us + Tools
Careers at FNB

Close

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Close

Daily Banking

Close

Tools

Register Forgot Username or Password Verify payments

Close

Menu

Bank Family & Life stage solutions Events & Services Bank better

Switch to FNB

Product Shop

Financial Solutions

Bank Invest Borrow Insure Connect

Ways to bank

Digital Banking Branch, ATMs + Telephone Banking + @Till Banking Digital Payment Solutions nav»

Invest abroad

Global Solutions

Financial planning

Overview Personal goals Child's education Emergencies Tax free Estate + legacy planning Employee Benefits

Forex

Foreign exchange solutions

eBucks Rewards

eBucks Rewards SLOW

Switch to FNB

Product Shop

Lifestyles

Family Banking Youth accounts FNB EasyPlan Islamic banking Premier Young Professionals Medical Professionals Premier Select Over 55s Encore - Over 55s Retirement

Switch to FNB

Product Shop

Events

Events

Services

DebiCheck and Debit Order Balance Alert Limit Alert LOTTO and PowerBall Prepaid products Soccer six Traffic fines Switching Services inContact Online vouchers Payments and Debit Orders DStv Payments Account Closure Guide

Switch to FNB

Product Shop

Bank better

Learn about banking FNB App guides

Close

Switch to FNB Business

Product shop

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

FNB Cash Advance Overdraft Loans Debtor Finance Leveraged Finance Private Equity Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange Imports and exports Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Integration Channel Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

KYC / FICA Debit order + recipient switching Electronic Alerts

Close

Corporates + Public Sector

Corporate Public Sector

Close

Home Loans

Affordability Bond Calculator

Day to day banking

Budget Future Value Credit Cards

Shares

Share Investor

Vehicle Finance

Vehicle Repayment Vehicle Purchase Price

Close

Product Rates

Save and Invest Transactional Savings Legal Practitioners and General Trust Account Global Accounts

Pricing Guide

Overview

Rates

Foreign Exchange Rates Lending Rates

Indicators and Share Price

SA Indicators

Close

News + Insights

Press Office Economics commentary Insights Business Hub

Close

Terms + Conditions

Product Terms and Conditions Promotions Terms and Conditions Legal Matters

About Us

World of FNB

News + Insights

Press Office Economics commentary Insights Business Hub

FNB Subsidiaries

Botswana Lesotho Ghana Namibia Swaziland Zambia Channel Islands

Close

Talk to us + important numbers

Contact us

Fraud + Disputes

Security Centre

Locators

ATM Locator Branch Locator/Book a Branch Visit eWallet GEO Locator

Tools

Switching Services Track and Trace Lead Form Tracking Upload Documents - For Me Upload Documents - For My Business Reporting a death Software Downloads FNB Approved Suppliers FNB Prospective Suppliers Verify Guarantee Verify Statements Verify Payments Verify Account Confirmation/Visa Application Letters eWallet balance enquiry

Close

Careers at FNB

Find out more about careers at FNB Apply here

Close

Close

All savings + investment accounts

Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

Compare similar

Compare

Additional options

Show me all Help me chosse Find an advisor

Financial planning

Overview

Close

Close

Pricing + fees

Transaction fees:

Trade option 1st Trading Day of Month Delayed trades (at 15:00)
Brokerage fee* 0.12% (excl VAT) 0.6% (excl VAT) min R50

The monthly account fee for Tax-Free Shares account is 0.5% per annum charged monthly with a minimum of R20 per month.

All share prices are delayed by 15 minutes.

*Two trade orders will be placed per instruction - one for the RMB Top40 ETF, one for RMB MidCap ETF.

Close

Rules

  • You need a qualifying FNB transactional account
  • Tax-year contribution limit of R33 000
  • Lifetime contribution limit of R500 000
  • A transfer out of the Tax-Free Shares account will be treated as a withdrawal and reported for tax purposes as such

Close

Monthly fees

Market value of your portfolio
R0 - R250 000 0.50% per annum plus VAT
R250 001 - R1 000 000 0.45% per annum plus VAT
R 1 000 001 + 0.35% per annum plus VAT

Close

Qualifying criteria

  1. SA citizen, natural person
  2. SA tax resident
  3. 18 years and older
  4. Must have a qualifying FNB account
  5. R300 recurring minimum deposit amount or R1 000 lump sum

Close

Documents needed

  • South African ID book/ID card
  • Proof of residence

Tax-Free Shares
Account

Invest in the top 100 companies on the JSE using Online Banking or the FNB Banking App and pay no tax on capital gains and dividends earned.

Open now!
Find out more

What's hot

Pay no tax

All capital gains and dividends earned are tax free.



We choose for you

You dont have to choose your shares, we do that for you.



Affordable investing

Start investing from R300 per month.



Invest monthly or a lump sum

Choose to invest from only R300 per month or a R1000 once off lump sum, or both.



A diversified portfolio

An investment in the Top 100 companies on the JSE gives you the best chance of growth, through the RMB Top40 and RMB MidCap ETFs.



Available online and on the app

Buy, sell and track your investment online and on the app.



What you pay + rules

Market value of your portfolio

Understanding Tax-Free Shares


A self-help guide to show you how it works


Do you need a bit more information before you start? We've got everything covered from account opening, funding, investing and maintaining your account.


Self-help guide




Applying made easy

Open now!
Call me back
Contact us
Find a branch

Qualifying criteria

Documents needed

Other ways to apply

On the FNB Banking App

   Pricing Guide

First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).